Rates as low as 5.74%* APR

No payments for 90 days

Used Car Loan Features You Can Count On

Drive into savings with a used car loan from 1st Advantage. Buy your vehicle when, where, and how you choose. We’ll always give you the first advantage, guaranteed!  So what are you waiting for? Your next set of wheels is right around the corner. Make sure to use promo code NEWAUTO.*


Low monthly


Fast application


No application

Used Car Loan Rates

Effective Date:2/1/2023



As low as

Rate Depends on Model Year

Up to 48 months


Up to 60 months


Up to 66 months


Up to 75 months


Up to 84 months


Up to 96 months


Estimate Your Monthly Payments


Est. Monthly Payment: $0

Our Quick and Easy Loan Application Process



Apply Online

The application takes
less than 20 minutes.



Sign Your Loan

Agree to the loan
amount, rates, and terms.



We'll Do The Rest

We'll provide a check to the seller for your new car.

Get Started


“I was having a terrible day, but I left feeling like a million bucks. I was down on my luck, but I ended up with a loan increase and a new car!! This was my second time working with Virginia Pereira, and she pushed for me. She was professional, informative, and very friendly, and whoever was on the other line doing the approving thank you too.” -Deshanna S.

Used Car Loan FAQ

Yes! We don’t attach prepayment penalties to our vehicle loans. You can pay your loan off at any time.

The 1st Advantage Car Buying Service helps you shop for vehicles so you can save money while finding a ride that fits your budget. On average, our members see a savings of more than $3,402 off MSRP when using the service. But that’s just an average. The price of the vehicle you buy and the availability of that type of car in your area are just a couple of factors that impact your total savings

Yes! You can save hundreds or thousands of dollars refinancing with us.  Simply apply for a new auto loan refinance through our application portal, or visit a local branch to speak with a loan officer in person. 

By prequalifying, you get a sense of how much car you can afford to finance. That way, when you go car shopping and see your dream car, you’ll know you can buy it.

You can make a secure online loan payment with any debit card or bank account through our Online Banking system. You can set up a Payroll deduction or call 800-359-7650 or 757-877-2444 for Pay by Phone services. You can visit any of our 13 full-service branches or one of the 5,000 Co-Op Shared Branch locations throughout the Hampton Roads area. And finally, you can mail a check to 1st Advantage: P.O. Box 2116, Newport News, VA 23609.

Car Loan Resources

Enjoy first advantage benefits like our car buying service and cost-effective warranty coverage for your car.


*APR = Annual Percentage Rate. No payments for 90 days on approved and funded loans, restrictions apply. Offer available for a limited time.

Receive $250 cash when you finance a new auto loan (2021 or newer) directly with 1st Advantage. Financing must be done online at 1stadvantage.org, through the 1st Advantage call center or at a 1st Advantage branch. Loans financed with 1st Advantage through a dealership are not applicable. Minimum loan amount must be over $25,000 to qualify for this offer. Only one incentive paid per loan and funds will be credited to the primary applicant’s savings account between 60-90 days of loan funding date.

All loan and deposit accounts must be in good standing to receive incentive. Existing 1st Advantage loans are not eligible for this offer. No payments for 90 days on approved and funded loans, restrictions apply. Offer available for a limited time.